allstate 2004 Summary Annual Report

Allstate had a very successful year in 2004 despite incurring $2 billion in losses from hurricanes. - Net income grew to $3.2 billion and operating income increased 16.1% to $3.1 billion. Revenues reached a record $33.9 billion. - Return on equity was 15% and net income per share increased 18.5% while book value per share rose 9.2%. Allstate executed its strategy of becoming more efficient, driving top-line growth, and expanding into new markets.